2025-03-11T10:11:47-05:00 2024-08-31 582676261 Rogers and Company PLLC 8300 Boone Blvd Suite 600 Vienna VA 22182 990 2023-09-01 521136132 The Studio Theatre Inc STUD 2022327267 1501 14th St NW 3 Washington DC 20005 David Muse President/Artistic Director 2022327267 2025-03-11 1 1 Jie Chen CPA P01049760 7038930300 2023 2025-03-06 01:10:19Z David Muse 1501 14th St NW 3 Washington DC 20005 8855284 0 X www.studiotheatre.org X 1975 DC Produces and presents professional theatre productions. 29 27 209 500 0 0 3438963 3167219 2673035 2598609 313304 395797 369123 661107 6794425 6822732 0 0 0 0 3379998 3721204 0 0 468799 4583615 4368928 7963613 8090132 -1169188 -1267400 35732872 34761324 10864234 10402940 24868638 24358384 X Studio Theatre produces exceptional contemporary theatre in deliberately intimate spaces, fostering a more thoughtful, more empathetic, and more connected community, in Washington DC and beyond. 0 0 6556517 2598609 Each season, Studio Theatre presents a diverse roster of thought-provoking contemporary plays, featuring local, national, and international artists in our four performance venues, none of which seat more than 225 patrons. We also invest in the incubation and development of new work and nurture the next generation of arts leaders. Rooted in our mission to foster a more thoughtful, empathetic, and connected community, Studio strives to welcome a wide and diverse audience. Our community engagement efforts include access and affordability initiatives, a growing community partner program, free student matinees, and a commitment to opening up our building as a hub for our neighborhood and city. Studio Theatre serves nearly 75,000 people annually and makes vital contributions to its neighborhood, city, and theatre field, nationally and internationally. 6556517 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 138 0 1 209 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 29 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC MD VA X The Organization 2022327267 1501 14th St NW Washington DC 20005 Rob Batarla Chair 4.00 X X 0 0 0 Karen Doyne Vice-Chair 4.00 X X 0 0 0 Navroz Gandhi Treasurer 4.00 X X 0 0 0 Belinda Nixon Secretary 4.00 X X 0 0 0 Marc Albert Board Member 1.00 X 0 0 0 Jeremias Alvarez Board Member 1.00 X 0 0 0 Susan Butler Board Member 2.00 X 0 0 0 Rick Donaldson Board Member 1.00 X 0 0 0 Mark Epstein Board Member 1.00 X 0 0 0 Mark Foster Board Member 1.00 X 0 0 0 Jinny Goldstein Board Member 1.00 X 0 0 0 Susan Gordon Board Member 1.00 X 0 0 0 Ronald Mason Board Member 1.00 X 0 0 0 Renee Matalon Board Member 1.00 X 0 0 0 Dayne Matthew Board Member 1.00 X 0 0 0 Larry Naake Board Member 1.00 X 0 0 0 Jamie Pate Board Member 1.00 X 0 0 0 Katy Kunzer Rosenzweig Board Member 1.00 X 0 0 0 Teresa Schwartz Board Member 1.00 X 0 0 0 Luz Sevak Board Member 1.00 X 0 0 0 Barney Shapiro Board Member 1.00 X 0 0 0 Steven Skalet Board Member 1.00 X 0 0 0 Bobbi Terkowitz Board Member 1.00 X 0 0 0 Terry Theologides Board Member 1.00 X 0 0 0 Robert Tracy Board Member 1.00 X 0 0 0 Amy Weinberg Board Member 1.00 X 0 0 0 Carol Schwartz Board Member 1.00 X 0 0 0 Rebecca Ende Lichtenberg Vice-President/Executive Director 40.00 X X 190550 0 3811 David Muse President/Artistic Director 40.00 X X 220550 0 9285 Bianca Beckham Director of Development 40.00 X 104648 0 4874 515748 0 17970 3 0 1 0 0 219900 929621 2017698 3167219 Other tickets 711110 1710274 1710274 Subscriptions 711110 888335 888335 2598609 392000 392000 2475 2475 551354 72633 478721 478721 478721 1912541 1908744 3797 3797 3797 15200 219900 51175 -35975 -35975 Employee retention credit 900099 189650 189650 Other income 900099 26236 26236 215886 6822732 2598609 0 1056904 414668 323812 53237 37619 2739797 2145001 342949 251847 16813 10779 5325 709 296600 249633 25317 21650 253326 198655 31751 22920 33825 33825 485390 409622 64843 10925 323569 323569 289499 191382 93596 4521 338275 190007 148268 241210 241210 471388 471388 61431 61431 261533 261533 1219961 1219961 73022 73022 Production costs 335739 335739 Development 118608 118608 Subscriptions 60664 60664 Concessions/ box office 47360 47360 7454 3282 4172 8090132 6556517 1064816 468799 796601 312615 4339326 4694042 2004414 1727254 37853 379388 390485 37550534 16246708 22072126 21303826 6082538 6236653 58479 58596 35732872 34761324 398877 462675 1016357 1001678 9449000 8921087 0 17500 10864234 10402940 X 23667108 22939396 1201530 1418988 24868638 24358384 35732872 34761324 -1267400 757146 0 X X 0 1 X 1 0 X 6012796 4624054 4897929 3438963 3167219 22140961 6012796 4624054 4897929 3438963 3167219 22140961 2486461 19654500 200278 100058 126431 636814 945829 2009410 9097 -8 133231 34489 215886 392695 24543066 8186685 0.80080 0.84980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 9591 9591 0 Part II-B, Line 1: The Studio Theatre participates in a consortium which engages an outside party to lobby on behalf of DC Cultural Institutions. 2178186 2178186 6467352 3342741 3124611 26213141 10548570 15664571 2586855 2355397 231458 105000 105000 21303826 Deposits 17500 17500 X 7707686 757146 4000 761146 6946540 -123808 -123808 6822732 8217940 4000 4000 8213940 -123808 -123808 8090132 Part X, Line 2: Management has evaluated the Theatre's tax positions and concluded that the Theatre's financial statements do not include any uncertain tax positions. Part XI, Line 4b - Other Adjustments: Fundraising events expenses -51,175. Rental expenses -72,633. Part XII, Line 4b - Other Adjustments: Fundraising events expenses -51,175. Rental expenses -72,633. 2024 Benefit 235100 219900 15200 41550 9625 235100 219900 15200 41550 9625 51175 -35975 X X X X X X 0 0 0 0 0 0 0 0 0 David Muse President/Artistic Director 190550 0 30000 0 0 0 4411 0 4874 0 229835 0 0 0 Rebecca Ende Lichtenberg Vice-President/Executive Director 190550 0 0 0 0 0 3811 0 0 0 194361 0 0 0 A District of Columbia 521136132 96MSCN0U4 2021-04-29 9500000 Open Studio Renovations 0 0 0 A 9500000 261533 8921087 2023 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 Form 990, Part VI, Section B, line 11b After the annual audit, the independent accounting firm provides a copy of the draft Form 990 to the Chair of the Audit Committee, Chair of the Finance Committee, and the Chair of the Board. The Form 990 is then reviewed and discussed and changes are made if necessary. After any necessary edits, the Form 990 is approved by the Chair of the Audit and Finance Committees and the Chair of the Board. Form 990, Part VI, Section B, line 12c Each fiscal year, trustees must read the conflict of interest policy, and sign a document stating they have no conflicts. Form 990, Part VI, Section B, line 15 There is a committee of trustees tasked with determining the compensation of the Artistic and Executive directors based on evaluation. Form 990, Part VI, Section C, line 18 The Theatre will provide a copy of the 990 upon any requests made by the public. Form 990, Part VI, Section C, line 19 The Theatre will make its governing documents, conflict of interest policy or financial statements available to the public upon request. Form 990, Part XII, Line 2c: The Organization's Board of Trustees assumes responsibility for the oversight of the audit, including the selection of independent auditors. This process is consistent with prior years.